$370,000 - 495 Highway 8 N/A Unit 506, Hamilton
Condo for Sale in Hamilton
40 days on marketNeighbourhood: Stoney Creek
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- MLS Number
- X13723602
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Hamilton
- Taxes (2025)
- $2,600
- Maintenance Fees
- $1,006/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- HOMELIFE/ROMANO REALTY LTD.
Welcome To The Renaissance Building In The Heart Of Stoney Creek Located At 495 Highway 8 Apartment 506 Faces Lake Ontario And Features 1185 Sq.Ft Of Spacious Living Area, 2 Bedrooms plus a Sunroom and 2 Bathrooms. The Primary Bedroom provides Double Closet space, 5 Piece ensuite With Both A Jacuzzi And A Separate Stand Up Shower. For ease of use A Modern Chrome Handle Turn Dial Faucet in The Primary Ensuite Shower And Second Bathroom bathtub has been installed. New Brand Name Appliances In Graphite Grey Include Samsung Refrigerator, LG Dishwasher, GE Clothes Washer And GE Clothes Dryer.Warranty Forms For New Appliances Will Be Left For New Owner. Ready For Your Personal Touch. A Perfect Place To Call Home where Maintenance Fees Include All Utilities. Unit 506 also includes 1 Parking Space Close To Elevator and 1 Locker Unit for extra storage. Building Amenities Include Party Room, Game Room, Library, Sauna, Pool Table, And Gym. Close To Schools, Shopping, Parks, And Arenas And Conveniently Located Directly On A Transit Bus Line.**EXTRAS** New Samsung Refrigerator, L G Dishwasher, G E Clothes Washer And G E Clothes Dryer.Carpet will be steam cleaned on or prior to closing date.
Estimate your monthly payments for this property
Estimated Payment
$1,898.29/mo
Includes CMHC insurance ($10,323)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Stoney Creek
Stoney Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Stoney Creek
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Stoney Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
495 Highway 8 N/A Unit 506, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $370/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $1006/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Stoney Creek
I know Stoney Creek well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.